Alliance Bioenergy Plus (OTCMKTS:ALLM) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Alliance Bioenergy Plus, Inc. (OTCMKTS:ALLMGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.28 and traded as high as $0.30. Alliance Bioenergy Plus shares last traded at $0.28, with a volume of 329,500 shares trading hands.

Alliance Bioenergy Plus Trading Up 0.7 %

The business has a 50-day moving average price of $0.28 and a 200-day moving average price of $0.28.

Alliance Bioenergy Plus Company Profile

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Alliance Bioenergy Plus, Inc is a technology company, which engages in the development and commercialization of technology solutions for renewable energy, biofuels, and bioplastics technology sectors. It offers CTS 2.0, a mechanical and chemical dry process for converting cellulose material into sugar for use in the biofuels industry.

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